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$225,000

Beds
2
Baths
2.0
sq ft
809

1418 Vermont St Unit 1, Houston, TX 77006

1418 Vermont St Unit 1

Houston, TX 77006

  • 15 days on market
DREAM LOCATION! FULLY UPGRADED first-floor 2-bed, 2-bath condo in the heart of Montrose—perfectly designed for comfort and convenience in one of Houston's most desirable neighborhoods! Located inside the loop, just a short drive from downtown Houston, I-10, the Medical Center, Rice University, and the Houston Theatre District. Whole Foods is conveniently around the corner! This modern home features luxury-style flooring, an open-concept layout, and energy-efficient stainless steel appliances, including a refrigerator with an ice maker. The kitchen boasts granite countertops with an island, and the unit includes a full-size washer and dryer, plus access to a common laundry room. Both spacious bedrooms feature ensuite bathrooms. You'll love the luxury finishes throughout. Water, sewer, gas, and trash are included in the HOA fee. Situated in a well-maintained 9-unit building with a durable 100-year roof, this condo also comes with an adjacent covered assigned parking space.

Details

Property type

Condominium

Est. home value

$299,100

Lot size

Unknown

Price per sq ft

$279

Year built

1961

Annual property taxes

$2,515

Monthly HOA fee

$250

Price History

12/07/2024
Houston

Houston #3748683

Listed
$225,000
04/22/2024
Houston

Houston #11565254

Removed
03/08/2024
Houston

Houston #47469170

Removed

Schools & Community

Neighborhood: 

Neartown - Montrose

Elementary school: 

BAKER MONTESSORI SCHOOL

Middle school: 

LANIER MIDDLE SCHOOL

High school: 

LAMAR HIGH SCHOOL (HOUSTON)

School district: 

Houston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$80,185
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$126,815
Cash to seller
$80,185

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Independent Bank

Loan start date

August 2022

Original loan amount

$131,250

Est. remaining balance

$126,815

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Hector Chavez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:45 PM

Listing updated: 12/19/2024 at 1:43 PM

Listed by: Vilma Maldonado, JLA Realty Phone #: (713) 489-8130

MLS: Houston #3748683

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